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SA Economic Reconstruction and Recovery Plan
A post-Covid recovery plan for South Africa was revealed by President Cyril Ramaphosa in Parliament on Thursday, 15 October 2020. SA’s economy is expected to shrink by at least 8% this year, with more than 2 million South Africans losing their jobs in the second...
SA consumers are in deep trouble – but petrol price drop may help
Statistics show that there are 14 million employed persons in South Africa. Yet, there are 27 million people (nearly double the number of employed persons) who are credit active and have accounts. To make things even more interesting - these nearly 27 million people...
There is help for first time home owners
Owning a home is the dream of most people, and working towards it gives one a sense of purpose. Yet, getting a home loan and the deposit together is often a very daunting task and can discourage many people. However, there is help for first time home owners. Very few...
What about those who can’t afford to emigrate?
It is estimated that there are 25 000 skilled workers leaving South Africa every year. Private schools which have school fees ranging from R3000 per month to R15 000 per month (per pupil) are greatly affected, as parents of pupils are opting for what is considered...
You can be done with Debt Review even if your bond is not paid up
NDA CEO Sebastien Alexanderson responded to a question from a News24 Money Clinic consumer who wanted to know if he had to remain under debt review if all their debt besides their bond was paid up. The simple answer is no. You (and your bond) will not remain under...
Shoprite upping their game
Shoprite, like many other retail stores have upped their game in terms of services offered to their customers. These days retail stores are so much more than just the traditional “grocery seller”. Soon consumers will be able to use the traditional Shoprite Money...
NDA voted the best debt counselling company in South Africa
In a year which can only be described as challenging and turbulent, NDA was voted the number one and best debt counselling company in South Africa at the Debt Review Awards held on Friday, 11 September 2020. The Debt Review Awards is an industry awards program, which...
Be prepared to change your small business strategy
The disposable income of society has changed drastically during lockdown – and small businesses will continue to face an uphill battle for many months to come as they try to rebuild the momentum of their clients spending patterns, pre-lockdown. Cash-flow is the...
The lowdown on loans
As we continue to reel from the effects of Covid-19 and the subsequent lockdown, we may be forced to borrow money – and it’s a good idea to know what your options are with regard to loans.South Africa has incredibly strict and stringent lending policies. We also have...
FNB reeling from consumers who just can’t cope
FirstRand Bank has posted a huge drop in headline earnings for the year ended June 2020. This reflects a truly challenging trading environment which was brought on by the Covid-19 pandemic and subsequent lockdown.“In addition, post the beginning of lockdown in March...
Your personal information has been compromised by a security breach
As if 2020 has not thrown us enough curve-balls - the information and personal details of around 24 million South African consumers and nearly 800 000 business have been stolen by a suspected fraudster - from Experian, one of South Africa’s largest credit bureaus....
Ace your online interview
Though a large part of the workforce has returned to the normal office environment, those who are able to work from home, still do. This includes many who work in the HR department and those who conduct interviews. Since the start of lockdown, many interviews have...
